I think its funny (in a disturbing way) how our National Debt has not been a major topic for the Presidential canidates. Its a huge problem that needs to be addressed, quickly!
Here is a great article in the AJC. Link >
Our national debt is going to reach 10 Trillion Dollars. Thats $10,000,000,000,000.00. Here are few quick facts about that huge number:
- Thats $30,000 of debt for every Man, Woman and Child in America
- The debt is expanding by 1.4 Billion each day
- Or about $1 Million in debt every minute
What does that mean for you? An even weaker Dollar, Further economic slowdown and eventually increased taxes. I hope this issue is an important part of the next presidential election.
